Wednesday, September 5, 2018

World bit bank

WORLD BIT BANK: 


Cryptocurrency Exchange and Trading Platform Based On the Blockchain technology. 

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Bitcoin is already a dinosaur in the world of cryptocurrency, it is replaced by more modern money that does not require huge farms to receive them. They can be produced on a smartphone, they are more rapid and versatile in making payments. The essence of cryptocurrencies is that they can not be American or, for example, Russian – is initially decentralized system. And therefore the rules for handling them need to be uniform for all countries of the world.
Unlike the current "dollar" financial system, a decentralized system based on blockchain systems is more transparent and open. Recently, the Internet is increasingly possible to see information about the new form of virtual currency earnings. It consists in the extraction of digital coins (cryptocurrency), which, unlike the currency, is protected from counterfeiting and has a number of other advantages.
For the appearance of money in electronic form on the Bank's account, they must be entered into the account in the material embodiment: through the banking service or payment terminal. As for the cryptocurrency, it is created and mounted directly on the Internet, and therefore does not relate to the ordinary currency, and even more so to the state currency system. Such currency is stored decentralized, distributed between the electronic cryptographic keys of the users of the network.
Active transactions of different cryptocurrencies can be observed on the exchanges, which indicates the development of the cryptocurrency market and its future prospects. Cryptocurrencies are unstable, highly volatile, but every year more and more interest is shown to them, both from institutional investors and traders. I actively invest in digital money and sometimes there are temporary difficulties in their exchange, purchase of goods and services on them. Using them faster is included in many areas of our lives and make it easier to popularize in everyday life can help the project World Bit Bank.
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Solution offered

WORLD BIT BANK is another platform with unique services for the cryptocurrency users. Based on the blockchain technology, it aims to revolutionize the world of cryptocurrency. Instant crypto to crypto exchange is one of the top services offered by the cryptocurrency exchange. Cryptocurrency trading would be much easier and smooth with the 24/7 customer service available on the platform. Bringing a smooth bridge between the world of fiat currency and cryptocurrency is another unique feature of the platform.
WBB mobile wallet application is provided to the users of the platform for the storage of the cryptocurrency. They have also launched Credit/debit cards, which can be utilized for the payment in the real world using the cryptocurrency. Storage of the digital assets is provided on the platform. Security, transparency, and reliability are the key metrics on which the different services of the platform are designed.
Cashback and loyalty programs exist on the platform for the users to earn cryptocurrency. The platform offers an inclusive opportunity to all the cryptocurrency users to adopt the cryptocurrency in their life. They have laid out a detailed plan for the future of the platform. They will buy banks in different countries for the expansion of the platform.

ICO INFORMATION AND TEAM

1,000,000,000 WBB Tokens are created for the project. The token presale will start on 27th April 2018 and continue until 27th June 2018. The funds will be utilized for the development and marketing of the platform. The team working on the project is experienced in the field of financial technology and Blockchain applications.

How does it work?

First, let's talk about speed.
Currently, if someone transacts using cryptocurrencies, the amount isn't transferred in real-time but held back for some time, and in some cases, for days. Also, withdrawing money is also a very hectic process and this is what turns off most people from using them.
But gone are those days now thanks to World Bit Bank.
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Now, anyone can transact in real time and the deposit and withdrawal processes have also been simplified by them.
Next, the legal issues.
Disputes regarding cryptocurrencies are quite common, and there's no surprise why - a lack of a legal process that regulates them. But this is where World Bit Bank enters and changes everything.
World Bit Bank is the world's first legal cryptocurrency bank.
Which means, you can approach them if any disputes arise, and they will be more than happy to help and find out a solution for you.
With World Bit Bank entering the market, the major issues have been dealt with and solved for the better. This will surely help in the mass adoption of cryptocurrencies.

About ICO

Wibcoin is the altcoin of the World Bit Bank platform. It is a public cryptocurrency for digital services such as payments, transfers etc.
The ICO sale will take place in the 4th quarter of 2018.
The value of 1 token will be €1.
The soft cap for the project has been set at €250 million and the hard cap has been set at €500 million.

Conclusion

A radical approach to the financial ecosystem has shaken many fundamental principles of the traditional banking and financial institutions. People have to realize the infrastructure required for the market adoption of the cryptocurrency. There has been a flood of cryptocurrency exchanges and trading websites, who are thriving on the hopes of people making millions on the cryptocurrency investment.
But, the real growth in the cryptocurrency is still nowhere visible. The original aim of the cryptocurrency is to reduce the friction between people sharing value. Do you think that services offered by the platform are different from the other service providers? Are we ready for another platform offering cryptocurrency trading and exchange?

Author:willi domika 

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